Governments Eye Potential in Gold Price Surge

Governments eye potential in gold price surge

The NewsAfrican economies could be in for a bumper year with gold prices hitting record highs, a prospect that is driving some governments to shore up their control of mines. Gold prices have risen in recent months as investors have flocked to the metal amid uncertainty around US trade policies. The price of gold stood at $3,344.49 an ounce during early trading on Monday. “If these concerns intensify, private investors could drive gold prices we…

Gold price surges near one-month peak as geopolitical risks mount

Spot gold surged 2.6% to its highest since the first week of May.

Next Gold Powerhouse Emerges as Prices Break Records - Financial News Media

NetworkNewsWire Editorial Coverage   New York, NY – June 5, 2025 - As gold surges to record highs above $3,000+ per ounce in May 2025 — outpacing the S&P 500, NASDAQ and even bitcoin—Wall Street’s focus is shifting. With U.S. debt-to-GDP now exceeding 120% and real interest rates stil